Cheap Homes for Rent in Niagara Falls, ON from $1,200 (65 Rentals)

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Search the lowest-cost Homes available for rent right now in Niagara Falls.

property at 7701 Lundy's Ln
$1,250
Studio Rentals
Available Now
Affordability

7701 Lundy's Ln

Niagara FallsONL2H 3X1
property at 7800 Lundy's Ln
$1,250 - $1,300
Studio Rentals
Available Now
Affordability

7800 Lundy's Ln

Niagara FallsONL2H 1H1

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 6911 Barker St
$1,375
1 Bedroom Rentals
Available Now
Affordability

6911 Barker St

Niagara FallsONL2G 1Z5

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Niagara Falls, ON Local Guide

Cheapest Neighborhoods for Apartments in Niagara Falls, ON

Pricing Updated: 09/05/2026

Current apartment rentals in the Niagara Falls, ON area range in price from $574 to $9,812 with an overall median price of $1,314. The three Niagara Falls neighborhoods with the lowest median rent pricing are Clifton Hill at $1,200, Orchard Park at $1,200, and Lundys Lane at $1,300. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Niagara Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clifton Hill$1,200$57425
Orchard Park$1,200$57436
Lundys Lane$1,300$57421
Corwin Crescent$1,350$75021
Drummond Heights$1,350$75022
Queensway Garden Stamford Centre$1,412$7508
Niagara South$1,999$1,5952
Niagara Falls South$2,195$1,2504

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, ON is a 1 Bed unit found at Drummond Place in the Greater Niagara Falls neighborhood priced from $1,425. 6320 Valley Way in the Greater Niagara Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drummond Place1 Bedroom1BR,1BA$1,425
6320 Valley Way1-Bedroom1BR,1BA$1,550
Ormond Gardens1 Bedroom1BR,1BA$1,557
Sunrise ApartmentsOne-bedroom1BR,1BA$1,575
Heritage Place ApartmentsOne-bedroom1BR,1BA$1,575
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1,650
Waverly Place2 Bed 1 Bath A2BR,1BA$1,675
Heritage Place Apartments1 Beds, 1 Baths1BR,1BA$1,700
Portage Place Apartments1 Beds, 1 Baths1BR,1BA$1,715
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$1,790

Best Value Apartments for Rent in Niagara Falls, ON

As of September 06, 2026 the best value apartment in the Niagara Falls area is the $2.11 price per square foot 2 Beds, 1 Baths Model at Victoria Park Tower in the in the Greater Niagara Falls neighborhood starting from $2,120. The second greatest value Niagara Falls apartment is the 2 Beds, 1 Baths Model at Imperial Tower Apartments starting at $2,120 with a $2.11 price per square foot in the Greater Niagara Falls neighborhood. Here is today’s list of the best values for Niagara Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Victoria Park Tower2 Beds, 1 Baths2BR,1BA$2.11
Imperial Tower Apartments2 Beds, 1 Baths2BR,1BA$2.11
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1.81
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$2.02
Waverly Place2 Bed 1 Bath A2BR,1BA$1.90
Lord Simcoe Apartments2 Bed 1 Bath A2BR,1BA$2.09
Drummond Place2 Bedroom2BR,1BA$1.99
Heritage Place ApartmentsOne-bedroom1BR,1BA$2.14
6320 Valley Way1-Bedroom1BR,1BA$2.23
Ormond Gardens1 Bedroom1BR,1BA$2.39

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Niagara Falls, ON Rentals by Map

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See the most popular apartments and homes in Niagara Falls, ON

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Niagara Falls, ON Area Reviews

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Frequently Asked Questions about Niagara Falls

What type of rentals are currently available in Niagara Falls?

There are currently 113 Apartments for Rent in Niagara Falls, ON with pricing that ranges from $850 to $9,812. There are also 244 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niagara Falls ranging from $1,200 to $10,000.

What is the current price range for Rental Homes in Niagara Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niagara Falls ranges from $1,200 to $10,000 with an average monthly rent of $2,410.

How much are larger Three and Four Bedroom Rentals in Niagara Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Niagara Falls range from $2,195 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,595.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.